Pub with letting rooms/Function room

Price:

Freehold - £350,000
Leasehold - £10,000

Seller Ref:

HG115

Location:

Wales, Carmarthenshire, Llandovery

Business Type:

Commercial Property, Food Service Businesses, Pubs

See Other:

Cafés for sale in Wales
Restaurants for sale in Wales
Public houses for sale in Wales
Development sites for sale in Wales
Pubs and hotel property for sale in Wales
Food service businesses for sale in Wales
Pubs for sale in Wales
Commercial property for sale in Wales

Description:

THE BUSINESS:

We are pleased to offer for lease or sale this substantial licensed Public House, free of tie and with the benefit of a function room, 2 bedroom manager’s accommodation and four letting rooms. The property has the benefit of late, music and gaming machine licenses. The business has, until very recently traded as a popular town centre pub offering live music. The food side of the business is ready to start up. The property would suit someone with the ambition and sight to build up the catering for the increasing demand for good food and utilizing the function facility. The business is ready to go and would re-open with very little preparation. The property would also be suitable (subject to the necessary planning) for redevelopment or other uses. (Licensed restaurant perhaps or cafe).A café could work very well with the advantage of the boy’s private college just across the road. The vendors are prepared to offer the property as leasehold or freehold. The premises being free of tie offers a great advantage to any licensee allowing them to be able to source their own suppliers and negotiate discounts. The property has recently been fitted out with all uPVC double glazed windows

Location Details:

The premises are well located on the main route into this popular market town just on the edge of the town very close to the College and across from the railway station.

Lease Terms:

Leasehold Term to be agreed or Freehold Rent: £24,000 per year Rates: £TBA per year

Trading Hours:

Licensed Opening Hours: Sunday to Wednesday 11.00am to 23.30pm Thursday through to

Accommodation:

2 bedroom managers plus 4 letting rooms